Review: Coinstash cryptocurrency exchange

Establish recurring buys on over 100 cryptocurrencies at market leading rates

  • Good for those looking to exchange AUD into a range of cryptocurrencies at market leading rates.
  • Not so great for those looking for a one-stop shop cryptocurrency platform.


Fiat currencies



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Product Name Coinstash Cryptocurrency Exchange
Fiat Currencies AUD
Cryptocurrencies BTC, ETH, XRP, BCH, EOS, FET, LTC, ADA, XLM, TRX & 110+ more
Deposit Methods Bank transfer
Trading Fee 0.85% for all coins
Deposit Fees None
Withdrawal Fees None for Australian bank accounts

Launched in 2017, Coinstash is a dedicated cryptocurrency exchange focused on providing easy access to the world of cryptocurrency. Headquartered in Brisbane, the exchange targets a smaller Australian market, which allows it to offer extremely competitive trading fees on 122 different cryptocurrencies. Growing from 2017, Coinstash has now exchanged over AUD$50 million and helped over 5,000 customers enter the world of cryptocurrency. The platform boasts a variety of payment methods, an educational module, and a customer service team that cares about helping users with their investments.

Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

What fiat and cryptocurrencies are supported?

  • Supported fiat currencies: AUD
  • Supported cryptocurrencies: Approximately 123 cryptocurrencies

Which payments methods are accepted?

Binance offers free AUD deposits and withdrawals via POLipay and PayID. Other accepted payment methods include:

  • Bank transfer
  • Cryptocurrency
  • PayID
Go to Coinstash's website

What's it like to use Coinstash?

The Coinstash dashboard is clean, intuitive and easy to navigate, even for inexperienced cryptocurrency investors. The platform offers investors the ability to buy and sell over 120 different cryptocurrencies while monitoring the growth of a portfolio thanks to the application's live price streams. Alongside the ability to purchase cryptocurrencies, users can also store digital assets directly with the exchange, which is facilitated by Coinstash's on-platform cryptocurrency wallet.

The exchange has worked hard to build a trusted reputation amongst users, focusing heavily on providing a caring customer support team. The team is operational from 9am to 11pm every day and can be contacted via email or web chat.

Fees and limits

The fees offered by Coinstash are some of the most competitive in Australia. According to the exchange, the majority of the trading fee comes from the obligatory goods and services tax (GST) that must be applied to each transaction. Below, let's take a more detailed look at the fees associated with trading, depositing and withdrawing.

The fees below are accurate as of 14 October 2021.

Platform trading fees

Platform Fee TypeFee
Trading fee (AUD to crypto and crypto to AUD)0.85%

Deposit and withdrawal fees

Deposit Fee TypeFee
AUD deposit feeNo fee - charges may be applied by the depositing bank.
Crypto deposit feeNo fee - a transaction fee will be applied by the associated blockchain.
Withdrawal Fee TypeFee
AUD withdrawal feeNo fee - charges may be applied by the receiving bank.
Crypto withdrawal feeA fixed network fee is charged that varies depending on the cryptocurrency. Example fees include BTC 0.0003, ETH 0.006, DOGE 0.03 and XRP 0.03. For all cryptocurrencies please visit this link.

Fees for buying $1,000 of Bitcoin

When buying $1,000 worth of Bitcoin, a 0.85% trading fee would be applied to the transaction. As a result, for a $1,000 purchase, you will need to pay $1,008.50 to cover the trading fees.

How do I create an account at Coinstash?

According to Coinstash, signing up to the platform takes less than 30 seconds, with the process of actually purchasing cryptocurrencies only taking a few clicks. Let's walk through the steps on how to get started.

Go to Coinstash's website

Additional features

Recurring buys

While primarily focused on spot exchanges, Coinstash does enable users to set up a recurring buy for cryptocurrency purchases. This allows investors to take advantage of the benefits of dollar-cost averaging.

Dollar-cost averaging is a popular investment technique for both traditional and cryptocurrency markets. It is implemented by purchasing predefined amounts of an asset (in this case cryptocurrencies) at regular intervals. This may be completed weekly, monthly or quarterly. The advantage of DCA is that the technique allows for completely passive investing and removes the concern of market fluctuations.

Customer support

Coinstash places a high priority on customer support. This support is provided via email, telephone, social media platforms and via the online webchat service, which can be accessed from both a computer and mobile web browser. Customer support is provided every day between 9am and 11pm.

Is Coinstash safe to use?

  • Regulation. CoinStash is headquartered in Brisbane, Australia, with the website being run and owned by a company called TWMT. The company is registered with AUSTRAC and is regulated by all Australian financial laws and anti-money laundering policies. The exchange is also working towards obtaining an Australian Financial Services Licence so that it can expand its list of features to Coinstash Earn, Coinstash Borrow and Coinstash Spend.
  • Verification process. As Coinstash is a regulated exchange, only verified users are able to deposit AUD into their account and begin purchasing cryptocurrencies. The identity check process has been made extremely simple, with IDs verified quickly by the Coinstash team.
  • Security features. Like all good cryptocurrency exchanges, Coinstash places a high priority on security. The exchange encourages the use of 2-factor authentication (2FA), which means a secondary time-sensitive 6-digit code must be entered for account access. This is usually generated by a third-party application, such as Google Authenticator. This process is now best practice within the cryptocurrency industry. The exchange also implements secure SSO encryption. While the exchange is safe for cryptocurrency storage, it is always advisable to keep large sums of cryptocurrency assets within a personal cryptocurrency wallet.


For investors looking for a simple, easy to use, spot cryptocurrency exchange, CoinStash will tick a lot of the boxes. Thanks to its niche Australian market it is able to offer market-leading trading fees, with no charges applied when depositing or withdrawing AUD funds. The user interface is intuitive, which makes it an ideal platform for those looking to onboard into the world of cryptocurrency.

As the exchange currently only offers spot exchanges it is not a platform suitable for experienced cryptocurrency investors. However, the exchange has strong future plans including the opportunity to earn interest on idle cryptocurrency assets, borrow funds and even use cryptocurrencies that are held on the exchange to pay for goods and services. If the exchange can implement this vision it could soon become a market-leading cryptocurrency exchange for Australian investors.

Pros and cons of Coinstash


  • Low fees. The trading fees on Coinstash are some of the lowest available for Australian investors.
  • Intuitive user-interface. The friendly dashboard is easy to navigate even for inexperienced cryptocurrency investors.
  • Recurring buys. The recurring buys features allow investors to take advantage of dollar-cost averaging.
  • Wide range of cryptocurrencies. The exchange currently hosts 122 cryptocurrencies that users can purchase using AUD.
  • Storage. Users have the option to store cryptocurrencies on the platform. But they can also withdraw to a personal wallet if they so wish.
  • Future vision. The exchange wants to implement Coinstash Earn, Coinstash Borrow and Coinstash Spend in the future.


  • No crypto-to-crypto exchanges. The exchange currently only offers users the ability to purchase cryptocurrencies using AUD. No crypto-to-crypto exchanges can be processed.
  • Geographic limit. The exchange is currently focused on the Australian market. AUD is the only fiat currency offered on the exchange.
  • Lack of features. The exchange does not offer many features other than the ability to purchase cryptocurrencies with AUD.
  • Range of cryptocurrencies. While offering a good range of cryptocurrencies, the exchange does not offer a market-leading range of cryptocurrencies.

Compare Coinstash against other exchanges

Name Product Deposit methods Fiat Currencies Cryptocurrencies
Coinstash Cryptocurrency Exchange
Bank transfer, Cryptocurrency, PayID


Buy 120+ different cryptocurrencies using AUD with competitive trading fees in the Australian market.
Swyftx Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card, Osko, PayID


Finder Exclusive: Receive $10 BTC on Sign up and Verification.
Buy and sell a wide range of cryptocurrencies at competitive rates on this Australian exchange.
Digital Surge Cryptocurrency Exchange
Bank transfer, Cryptocurrency, POLi, Osko, PayID


Finder Exclusive: New members get $10 bonus after verification. T&Cs apply.
An Australian based exchange with a focus on simplicity that allows users to purchase a range of cryptocurrencies with AUD.

Compare up to 4 providers

Frequently asked questions

Go to Coinstash's website
Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

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